Flat 9 Great Downs, 2b Downs Road

    FLAT 9 GREAT DOWNS, 2B, DOWNS ROAD, LUTON, LU1 1QD

    This flat/maisonette leasehold property on Downs Road last sold in October 2016 for £115,000. Based on price growth in the LU1 district since then, its estimated current value is £155,831 — placing it in the 14th percentile nationally and the 15th percentile within LU1. The property covers 35 m² (377 sq ft), giving an estimated value of £4,452 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £115,000

    Oct 2016

    Estimated Valuation

    £155,831

    Est. £/sq ft

    £414/sq ft

    £4,452/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area377 sq ft (35 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Oct 2016

    £115,000

    9 Jun 2006

    New build

    £108,000

    Key Metrics

    Estimated valuation£155,831
    Value per sq ft / m²£414/sq ft (£4,452/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LU1 district percentile15th percentile
    National percentile14th percentile

    District Context — LU1

    LU1 covers Luton town centre and its immediate surroundings in Bedfordshire, positioned north of London on the main transport corridor. It is a densely populated urban area with a diverse, younger demographic and a strong private rental market.

    Average Property Price - LU1

    £321,141

    49

    National percentile

    Average Net Household Income - LU1

    £19,025

    2

    National percentile

    10-Year Annualised Price Growth - LU1

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - LU

    4.3%

    72

    National percentile

    View full analysis for LU1

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